<ARTICLE> 9 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> MAR-31-1996 <CASH> 5,964,789 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 6,777,094 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 21,286,263 <INVESTMENTS-CARRYING> 13,687,552 <INVESTMENTS-MARKET> 13,796,491 <LOANS> 62,091,302 <ALLOWANCE> 626,460 <TOTAL-ASSETS> 114,050,391 <DEPOSITS> 100,390,386 <SHORT-TERM> 2,743,103 <LIABILITIES-OTHER> 761,341 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 4,695,345 <OTHER-SE> 5,460,216 <TOTAL-LIABILITIES-AND-EQUITY> 114,050,391 <INTEREST-LOAN> 1,458,330 <INTEREST-INVEST> 582,045 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 2,040,375 <INTEREST-DEPOSIT> 706,879 <INTEREST-EXPENSE> 706,879 <INTEREST-INCOME-NET> 1,333,496 <LOAN-LOSSES> 55,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 1,124,654 <INCOME-PRETAX> 338,976 <INCOME-PRE-EXTRAORDINARY> 338,976 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 241,976 <EPS-PRIMARY> 0.26 <EPS-DILUTED> 0.26 <YIELD-ACTUAL> 5.23 <LOANS-NON> 316,000 <LOANS-PAST> 303,000 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 595,593 <CHARGE-OFFS> 29,356 <RECOVERIES> 5,223 <ALLOWANCE-CLOSE> 626,460 <ALLOWANCE-DOMESTIC> 626,460 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0